CFTC chairman said he held "good discussions" with Chairman Xiao
Timothy Massad, chair
of the Commodities Futures Trading Commission (CFTC), has said
the US regulator is committed to continued cooperation with
Asian regulators and the harmonisation of US rules with other
The chairman delivered the remarks in a
speech to the Asian Financial Forum, Hong Kong, this
Massad called for increased cooperation
between global regulators to achieve transparency and sensible
oversight of the global swaps and derivatives market to avoid
another major financial crisis.
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